Cardano in Ascending triangle.The price action of Cardano has formed an ascending triangle formation with a break point at $1.40.
Break above $1.40 will lead to a retest of pivot resistance at $1.47 - $1.48.
The trend of higher highs is located in this channel, that can eventually lead to a bull flag is at $1.70.
I am looking to take my profit slightly below $1.70, slightly above 20% profit.
The price of ADA can easily reach $2 and higher, if the price action doesn't get stuck at $1.70.
RSI have buy signal, MACD too. Momentum to be expected soon.
Adausdtrade
ADA, Cardano - going to ATH and higher🔝Price was in a range of more than 2 weeks. We broke the key level. And we stay in the retest zone now. I entered the position with stop-loss. First target - 1,48$
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADA/USDT : Moving above bullish trendline BINANCE:ADAUSDT
Hello everyone 😃
ADA is moving above two bullish lines.
Now there are two important zones !
- Support zone around ~1.1$
- Resistance zone below ~1.3$
Both zone can hold or reject ADA but there is a coming event in August.
The development team behind the CARDANO blockchain is unveiling new details surrounding its smart contract release...
In the wake of its Mary protocol release this March, Charles Hoskinson’s CARDANO is revealing that its Alonzo upgrade will launch this coming August.
IOHK (Input Output Hong Kong), CARDANO's development company, announced this week that the Alonzo upgrade will add support for smart contracts to the CARDANO blockchain.
The update will allow developers to start building on the CARDANO platform – a highly anticipated functionality that the Ethereum network currently possesses.
IOHK notes that the upgrade aims to support businesses and provide support for developers wishing to build decentralized finance (DEFI) DApps.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
ADAUSDT PredictionPhase 1 of ADAUSDT has finished the trendline has been broken out. That's a good sign to see. Next, there will be some retracement, so please be careful guys. Think rationally, ADA is a top ten coin, not an easy pump coin, there always be massive pumpers and dumpers. Because ADAUSDT has finished phase 1 now, it will continue to phase 2. Let's wait friends. For those who haven't buy ADA, well wait for some retracement, cuz there will be one. Pushs&retracements are good because the coin will have a super strong price foundation. That's my today update. Hope you guys have a good time. Don't forget to leave your comments and critiques,I really love to have your insights, because we are a community. See you in phase 2!
ADAUSDT realistic predictionADAUSDT just made an attempt to break out from the symmetrical triangle.
But, "Aber leider" (the best phrase to describe this condition) it failed.
So this is my realistic and optimistic prediction for ADAUSDT.
Why i made the prediction optimistic?
Because there's a strong support in 1.20500, made from lower timeframes movement.
I hope phase 1 can happened faster. (hahaha) and continued by phase 2. After that maybe there's another big retracement before making another attempt to break the ATH of ADAUSDT, or ADAUSDT fly directly (small chance).
I hope you can give me your insight about ADAUSDT
~This is only a prediction~
Go go go ADAUSDT!
ADA- Patience and High ExpectationsCardano has been quiet.
Yes, it does make us feel like we are missing out on other opportunities...but that's ok we can wait
The problem is that we get no news on new deals/ no big news is actually a problem for ADA (and for us who hold it as well)
So, personally I am slightly going lighter on ADA this month but I do still hold on to what I have. After all we have taken plenty of profits from 0,25 until now...
Positive detail: 1.45 resistance will be tested when it will be tested for a THIRD time..THIRD TIMES tend to have increased chances to break over.
the FXPROFESSOR
ADA to $1.50 then to the moon 🚀🚀Need the correction to the support at 1.17 or deep correction to 1.11
Failed to cross the strong resistance at 1.23 4 times
buy through correction on several prices to get a good average price , maybe it wont touch the strong support area again n fly to the resistance at any time
on short term for next hours maybe bearish however on the next days completely bullish
I totally recommend not to panic sell at all, however catching more bags at that price will be more profitable
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Short Term Opportunity for ADA TradersOverview
Adding one more idea in support of my earlier published idea where in coming weeks we could see ADA challenging its rival Resistance level at 1.47 zone. Until we reach to that point, sharing a short term opportunity that we all can be benefit from.
Trend
On a 4 hourly chart, ADA is moving in a descending parallel channel (RED lines) and on a much lesser time frame it is moving in a upward trend (marked in Blue lines).
Whats expected in coming hours?
ADA to keep moving in an upward trend and touch 1.21 (Zone A). Good to go SHORT from here.
Whats expected in coming Days?
Once ADA reaches Zone A, it will also hit its Resistance and will be forced to come down to 1.14 (Zone B). Once it reaches Zone B, it should again try to bounce back to hit its Resistance level and potential breaking it to reach Zone C. This would be a beautiful LONG opportunity with potential profit of 8%. Entry Price and Stop Loss are also marked on the chart.
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NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely. Also Keep an eye on BITCOIN, when he's not in good mood he tends to fall on all coins ;)
ADA/USDT : Being controlled by MA 100 and MA 2BINANCE:ADAUSDT
Hello everyone 😃
There are 2 located moving averages which are holding ADA.
Both of them can change the direction so next candles are very critical !
For now, MACD and Volatility is bearish on most of time frames;
But cause of stability in last candles, we can't make any decision based on indicators.
The only ones that showing correctly for now are moving averages and RSI indicators..
📌 Market is bullish so majority is bullish for ADA, Also on higher timeframes;
Moving averages are reaching current level from below ( which can be a good support for movement ) !
🔴 We might see a rejection till support zone cause MA 100 but it will be very good for ADA.
If it happens, most of indicators will reset their calculations and then we can see more positive signs for ADA !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Cardano - growth is incomplete.I think the growth is incomplete.
The global trend is growing.
What could be the reasons for the fall?
After the breakdown of a key level I will buy.
local vision
the beginning of this movement
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ADAUSDT (Cardano) ADAUSD (1H CHART) Technical Analysis
ADA /USDT currently trading at 1.28
Waiting for the support breakout
Short Entry-level: Below 1.22 (only enter if 1h candle closes below the support line at 1.22)
Stop loss: above $1.365
Target 1: $1.00
Target 2: $0.82
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Cardano ADA big picture WeeklyWhat i found on cardano weekly chart just zoom out on weekly chart and cardano is forming cup and handle pattren.
As cup and handle pattren brakes the next move will be same as the cup bottom to the Nick line of cup which cane lead us to 7usd+ target
Let the cardano retrieve to 0.62 after that sky is yhe limit
Entry: 0.62 - to - 0.78
Take profit: 7+ usd
Note: its long term game people with high blood pressure stay away from this trade 😎😎😎
ADA/USDT : targeting last ATH BINANCE:ADAUSDT
Hello everyone 😃
ADA had a breakout from Bearish trendline and now it's on triangle's line.
We expect an another breakout from current line or a retest on bearish trendline..
Both of them could be valid, but the major line is bearish trendline and now, ADA is above it.
📌 Volatility is bullish on 1H TF and on higher TFs it's being bullish !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades